Andrea Cesare Resti

Andrea Resti is an associate professor at Bocconi University in Milan. He is an external consultant for Bank Supervision at the European Parliament, independent board member at REV Gestione crediti, and Senior advisor at CRIF, an international group providing credit management solutions. He authored several books on risk management and banking, both in Italian and in English. His main research areas are Credit Risk Management and Measurement, Basel II and the regulation of financial risks, Bank Strategic Management, Quantitative Efficiency Analysis for Banks and multiproduct Organizations. He has been a consultant and economic advisor to the Bank of Italy and to several major commercial banks in Italy. Occasionally, he has acts as an expert on financial crimes on behalf of several large financial institutions and rating agencies, as well as the Italian public prosecutors. He served as the vice-chairperson of the Banking Stakeholder Group at the European Banking Authority.

Main Research Areas

• Credit Risk Management And Measurement
• Basel Ii And The Regulation Of Financial Risks
• Bank Strategic Management
• Quantitative Efficiency Analysis For Banks And Multi-product Organizations

Present Position

• Associate Professor (Tenured) At Bocconi University In Milan, Where He Teaches Risk And Value Management In Banks, Private Banking And Credit Risk Management (In Italian And In English)
• Professor At Sda Bocconi, Bocconi’s School Of Management, Where He Teaches Courses On Credit Risk, Ratings And Basel Ii (Courses Are Taught Both In Italian And In English).

Past Positions

• 2003-2007: Program Director Of Several Courses On Basel Ii, Economic Capital, Credit Ratings And Mutual Fund Performance Measurement For The Bank Of Italy.
• 2002-2005: Member Of The Scientific Committee Of Abi Formazione, The Educational Branch Of The Italian Bankers’ Association, Where He Was Responsible For Courses On Credit Risk.
• 1996-2005 - Lecturer And Then Associate Professor, Faculty Of Economics, University Of Bergamo, Bergamo, Where He Used To Hold A Course In Mathematical Finance.
• 1997-2004 – Program Director For Several Courses On Bank Management And Risk Management, Organized By The Rome-based Education Institute “finstudi” And Attended By Practitioners Of Most Major Italian Banks.
• 1993-1999: Responsible For The Quantitative Methods Module Of The Post-graduate Mba In Bank Management Organized By Euros, Milan.
• 1989-1996: First Employee, Then Officer At Bci (Banca Commerciale Italiana, Milan, One Of The Leading Commercial Italian Banks), Where He Became Responsible For The “planning Tools And Models” Unit Inside The Research And Planning Department.
• 1994-1996: Member Of The Abi (Italian Bankers’ Association) Interbank Committee For Bank Statistics.

Education

• 1994: Eden (European Doctoral Education Network) Doctoral Program In Finance.
• 1992-95: Ph. D. In “financial Markets And Institutions”, University Of Bergamo..
• 1988: Graduate Degree In Economics – Brescia University, Brescia. Grade: 110/110 Cum Laude.

Main Research Appointments

• 2009-present: Editor In Chief Of The International Journal Of Banking Accounting And Finance
• 2008-today: Managing Director Of Carefin, Bocconi’s Centre For Applied Research In Finance (Www.carefin.unibocconi.eu). As Such, He Is In Charge With The Centre’s Working Paper Series And The Organization Of Conferences And Workshops, Including The Annual Carefin International Banking Conference
• 2004-6: Managing Director Of Finmonitor, A Research Body On Bank M&as Sponsored By Italy’s Main Financial Groups.
• 2002-2004: “senior Rapporteur” For The Basel Ii Task Force Promoted By The Centre For European Policy Studies In Brussels.
• 2002: Economic Advisor To Assogestioni, The Italian Fund Managers’ Association
• 2000-2003 - Member Of Steering Committee Of The Italian Interbank Deposit Insurance Fund (Fitd) Permanent Working Group On Bank Risks.
• 2000: Research Affiliate Of Cermef, Centre For Research On Financial Markets Of Rome’s University “luiss Guido Carli”.
• 1997: Editor Of The Sintel Research Report On The Italian Banking System, Subsequently Published As A Book By “il Mulino”.

Latest publications

RESTI A. C., SIRONI A. Rischio e Valore nelle Banche - II Ed. Egea, Milano, Italy, 2021

BRUNO B., RESTI A. C., NOCERA G. Are Risk-Based Capital Requirements Detrimental to Corporate Lending? in Finance and Investment: the European case C. Mayer, S. Micossi, M. Onado, M. Pagano, A. Polo (Eds),Oxford University Press, pp.327-334, 2018

PETRELLA G., RESTI A. C. What drives the liquidity of sovereign bonds when markets are under stress? An assessment of the new Basel 3 rules on bank liquid assets Journal of Financial Stability, 2017, vol.33, pp.297-310

BRUNO B., NOCERA G., RESTI A. C. The credibility of European banks’ risk-weighted capital: structural differences or national segmentations? in Reshaping commercial banking in Italy: new challenges from lending to governance G. Bracchi, D. Masciandaro (Eds),Bancaria Editrice, pp.257-274, 2014

IANNOTTA G., NOCERA G., RESTI A. Do investors care about credit ratings? An analysis through the cycle Journal of Financial Stability, 2013, vol.9, no. 4, pp.545-555

RESTI A. C., SIRONI A. Interest Rate Risk on the Banking Book in Pillar II in the New Basel Accord A. Resti (Eds),Risk Books, pp.273-296, 2008